Marine Products Corp. (MPX)

15.01
NYSE : Consumer Durables
Prev Close 15.34
Day Low/High 14.65 / 15.30
52 Wk Low/High 12.48 / 24.82
Avg Volume 25.60K
Exchange NYSE
Shares Outstanding 34.05M
Market Cap 522.27M
EPS 0.80
P/E Ratio 18.26
Div & Yield 0.48 (2.96%)

Latest News

Marine Products Corporation Reports Second Quarter 2019 Financial Results

Marine Products Corporation Reports Second Quarter 2019 Financial Results

- Record Quarterly Net Sales of $88.7 million

Marine Products Corporation Announces Date For Second Quarter 2019 Financial Results And Conference Call

Marine Products Corporation Announces Date For Second Quarter 2019 Financial Results And Conference Call

ATLANTA, July 1, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the second quarter ended June 30, 2019 on Wednesday, July 24, 2019 before the market opens.

Marine Products Corporation Announces Second Quarter 2019 Share Repurchases

Marine Products Corporation Announces Second Quarter 2019 Share Repurchases

ATLANTA, July 1, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the second quarter of 2019 it purchased 65,407 shares under its share repurchase program.

MPX Makes Bullish Cross Above Critical Moving Average

MPX Makes Bullish Cross Above Critical Moving Average

In trading on Friday, shares of Marine Products Corp crossed above their 200 day moving average of $17.35, changing hands as high as $18.43 per share. Marine Products Corp shares are currently trading up about 10.2% on the day.

Marine Products Corporation To Present At The East Coast IDEAS Investor Conference

Marine Products Corporation To Present At The East Coast IDEAS Investor Conference

ATLANTA, June 11, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will present at the East Coast IDEAS Investor Conference in Boston on June 13, 2019.

Cash Dividend On The Way From Marine Products (MPX)

Cash Dividend On The Way From Marine Products (MPX)

Looking at the universe of stocks we cover at Dividend Channel, on 5/9/19, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.12, payable on 6/10/19. As a percentage of MPX's recent stock price of $15.04, this dividend works out to approximately 0.80%, so look for shares of Marine Products Corp to trade 0.80% lower — all else being equal — when MPX shares open for trading on 5/9/19.

Marine Products Corporation To Present At Burkenroad Reports 23rd Annual Investment Conference

Marine Products Corporation To Present At Burkenroad Reports 23rd Annual Investment Conference

ATLANTA, April 25, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will present at the Burkenroad Reports 23rd Annual Investment Conference in New Orleans, Louisiana on April 26, 2019 at 10:30 a.

Marine Products Corporation Reports First Quarter 2019 Financial Results

Marine Products Corporation Reports First Quarter 2019 Financial Results

ATLANTA, April 24, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended March 31, 2019.

Marine Products Corporation Announces Regular Quarterly Cash Dividend

Marine Products Corporation Announces Regular Quarterly Cash Dividend

ATLANTA, April 24, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.

Marine Products Corporation Announces Date For First Quarter 2019 Financial Results And Conference Call

Marine Products Corporation Announces Date For First Quarter 2019 Financial Results And Conference Call

ATLANTA, April 1, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the first quarter ended March 31, 2019 on Wednesday, April 24, 2019 before the market opens.

Marine Products Corporation Announces First Quarter 2019 Share Repurchases

Marine Products Corporation Announces First Quarter 2019 Share Repurchases

ATLANTA, April 1, 2019 /PRNewswire/ -- Marine Products Corporation (NYSE: MPX) announced today that during the first quarter of 2019 it purchased ­­­­­­­­­­­263,805 shares under its share repurchase program.

Georgia Senator David Perdue Tours Chaparral Boats Facility

Georgia Senator David Perdue Tours Chaparral Boats Facility

Senator Perdue agrees to join the Congressional Boating Caucus

Ex-Div Reminder For Marine Products (MPX)

Ex-Div Reminder For Marine Products (MPX)

Looking at the universe of stocks we cover at Dividend Channel, on 2/8/19, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.12, payable on 3/11/19. As a percentage of MPX's recent stock price of $14.09, this dividend works out to approximately 0.85%, so look for shares of Marine Products Corp to trade 0.85% lower — all else being equal — when MPX shares open for trading on 2/8/19.

RSI Alert: Marine Products Corp Now Oversold

RSI Alert: Marine Products Corp Now Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Marine Products Corp presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Marine Products Breaks Below 200-Day Moving Average - Notable For MPX

Marine Products Breaks Below 200-Day Moving Average - Notable For MPX

In trading on Monday, shares of Marine Products Corp crossed below their 200 day moving average of $18.39, changing hands as low as $16.59 per share. Marine Products Corp shares are currently trading off about 22.4% on the day.

Relative Strength Alert For Marine Products

Relative Strength Alert For Marine Products

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Marine Products Corp presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Reminder - Marine Products (MPX) Goes Ex-Dividend Soon

Reminder - Marine Products (MPX) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/8/18, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.10, payable on 12/10/18. As a percentage of MPX's recent stock price of $21.29, this dividend works out to approximately 0.47%.

Cash Dividend On The Way From Marine Products (MPX)

Cash Dividend On The Way From Marine Products (MPX)

Looking at the universe of stocks we cover at Dividend Channel, on 8/9/18, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.10, payable on 9/10/18. As a percentage of MPX's recent stock price of $19.30, this dividend works out to approximately 0.52%, so look for shares of Marine Products Corp to trade 0.52% lower — all else being equal — when MPX shares open for trading on 8/9/18.

Reminder - Marine Products (MPX) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 5/9/18, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.10, payable on 6/11/18. As a percentage of MPX's recent stock price of $15.36, this dividend works out to approximately 0.65%, so look for shares of Marine Products Corp to trade 0.65% lower — all else being equal — when MPX shares open for trading on 5/9/18.

Marine Products Named Top Dividend Stock With Insider Buying and 2.57% Yield (MPX)

Marine Products Named Top Dividend Stock With Insider Buying and 2.57% Yield (MPX)

In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.

RSI Alert: Marine Products Now Oversold

RSI Alert: Marine Products Now Oversold

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Marine Products Corp presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.

Reminder - Marine Products (MPX) Goes Ex-Dividend Soon

Reminder - Marine Products (MPX) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 11/9/17, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.07, payable on 12/11/17. As a percentage of MPX's recent stock price of $14.75, this dividend works out to approximately 0.47%.

YieldBoost Marine Products Corp From 2% To 12.2% Using Options

YieldBoost Marine Products Corp From 2% To 12.2% Using Options

Shareholders of Marine Products Corp looking to boost their income beyond the stock's 2% annualized dividend yield can sell the June 2018 covered call at the $15 strike and collect the premium based on the 90 cents bid, which annualizes to an additional 10.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 12.2% annualized rate in the scenario where the stock is not called away. Any upside above $15 would be lost if the stock rises there and is called away, but MPX shares would have to advance 5.7% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 12.1% return from this trading level, in addition to any dividends collected before the stock was called.

Insider Bets Paying Off At MPX As New 52-Week High Reached

Insider Bets Paying Off At MPX As New 52-Week High Reached

In trading on Monday, shares of Marine Products Corp touched a new 52-week high of $16.44/share. That's a 87.67% rise, or $7.68 per share from the 52-week low of $8.76 set back on 10/24/2016.

MPX: Insiders Vs. Shorts

MPX: Insiders Vs. Shorts

The most recent short interest data was recently released for the 08/15/2017 settlement date, and Marine Products Corp is one of the most shorted stocks of the Russell 3000, based on 6.20 "days to cover" versus the median component at 5.20. There are a number of ways to look at short data, but one metric that we find particularly useful is the "days to cover" because it considers both the total shares short and the average daily volume of shares typically traded.

Ex-Div Reminder for Marine Products (MPX)

Ex-Div Reminder for Marine Products (MPX)

Looking at the universe of stocks we cover at Dividend Channel, on 8/8/17, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.07, payable on 9/11/17. As a percentage of MPX's recent stock price of $14.66, this dividend works out to approximately 0.48%.

YieldBoost Marine Products Corp From 2% To 15.8% Using Options

Shareholders of Marine Products Corp looking to boost their income beyond the stock's 2% annualized dividend yield can sell the September covered call at the $15 strike and collect the premium based on the 50 cents bid, which annualizes to an additional 13.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 15.8% annualized rate in the scenario where the stock is not called away. Any upside above $15 would be lost if the stock rises there and is called away, but MPX shares would have to advance 6.5% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 10% return from this trading level, in addition to any dividends collected before the stock was called.

Marine Products About To Put More Money In Your Pocket (MPX)

Looking at the universe of stocks we cover at Dividend Channel, on 5/8/17, Marine Products Corp will trade ex-dividend, for its quarterly dividend of $0.07, payable on 6/9/17. As a percentage of MPX's recent stock price of $12.05, this dividend works out to approximately 0.58%, so look for shares of Marine Products Corp to trade 0.58% lower — all else being equal — when MPX shares open for trading on 5/8/17.

TheStreet Quant Rating: B (Buy)